Skip to main content

About your Search

Search Results 0 to 5 of about 6
right now. last week's data pointed to a slowing down of the economy and this week since we don't have a lot of data one of the most important things of course will be the jobs number but on monday were going to have factory orders and this actually shows how the economy could be performing into the future so people might want to take a look at that, and if people are ordering more durable goods say refrigerators and stoves for their houses that means people are spending more money which increases our economic growth. so it's very hard to determine what people should be watching without a lot of reports coming out this week. but i would say really watch for those factory orders because it gives us a picture into the future. > > what about going long this market? what sectors or industries which to invest in right now or consider? > > it's so strange because with the economic data last week, the s&p made new highs and everyone was kind of sitting there saying i wonder why this would be were waiting for the fed to come out talk about tapering still. we're waiting to see if they're going
the holidays in between. so it would be really hard for the fed to taper if the economy's not better over year end and we have a new fed chair. so the expectation is we probably won't have any fed activity until the beginning of next year. > >good to know and that segues perfectly into the jobs number which is due out november 8th. are the bonds bracing? > >it's a funny thing. the last time we had the jobs number it was on a tuesday and it was 3 weeks late. now we have the unemployment number and it's a week late. but it's for a month that was weird. we had the government shutdown so in september and october and a little of november we're gonna have economic numbers that have a lot of statistical noise because if it's good or it's bad---and they're probably gonna be bad---people will say it's because the government was closed that slowed the economy we're gonna have a number that's gonna come out, people will look at it, but they'll immediately discount it because it was from a period that was unusual from a historical perspective. > >brian, great to have you on the show with us this
to improve the economy and help consumers spend more. > >absolutely. we saw oil touch 96 last week. which actually is a very big number. it's a very big support number. if it hits down there again 92 1/2 is the next stop. > >alright, scott bauer you have a good day out there. thanks so much. > >thank you. in our cover story, barneys new york, a luxury retail clothing store is defending itself against allegations of racial profiling. the claims being made after two separate incidents that had police questioning african-american shoppers who'd just made expensive purchases. this week, the head of barneys is meeting with representatives from rev. al sharpton's national action network. barneys new york, a high-end retailer with stores across the u-s is accused of calling police to investigate purchases made by african-american shoppers. in february, 21-year-old kayla phillips was, questioned after buying a 23-hundred dollar handbag with a temporary debit card with no name on it, and in april, 19-year-old trayon christian, who bought a 350- dollar belt also with an atm card, soon found himself
contracting the economy rather than expanding the economy. the very practical matter there's really no disagreement over the desire to limit risk. the disagreement to say there is some is over the regulatory excess. for example we are getting about every 2.8 days we get a new regulation. under don frank there now has been 50 million words. 39 percent of them went through so now we have another 20 more to go. the affect of that he is is that allotted energy that should be put into regulating people on creating jobs is being put into basically trying to deal with regulations. how much money do you think the banks will spend in the lobbying efforts on this > there will be no answer to that question. how much money is involved here is a very significant amount. for example i just noticed that j.p. morgan is adding 5000 people to address our response to regulatory on one activity. this 5000 people could be trying to make loans. senator greg pleasure to have you with us today, thank-you and come back again. keep us posted. >thank-you! thanks for your time, appreciate it. still to come-- t
at some the weakness in the underlying economy really beginning to reassess where they're putting their money to work. what was your best trade last month? > last month we really continued to like the energy space the midstream part of the piperuns the mlp's. we put it through center coast capital which is a fund where the amlp which is the e t f. good to have you on the show, have a great day! >thank you. as a new month begins today-- it also marks the end of an added boost to food stamps. roughly 48 milion americans depend on food stamps to make ends meet. starting today.. the amount they recieve will decline as much as $36 dollars per month. it's happening because a temporary benefit boost given to low income americans in 2009 on the heels of the finanicial crisis. expires today. government spending on food stamps is one of the biggest sticking points on capitol hill as lawmakers debate the farm bill. despite sequester, despite a government shutdown, many government agencies are open for business and granting government contracts to small businesses. our cover story finds i
. the fed also noted weakness in the economy. some money managers and traders see reason to believe the fed won't taper its economic stimulus until next year. the fed announcement caused a sell off in the stock market and treasury yields to head higher. health and human services secretary kathleen selbelius-- who's department has drawn the most criticism for healthcare- dot-gov's numerous problems apologized and said they're fixing it. our cover story looks at how much fixing is needed and how when it'll be done. u.s. health and human services secretary, kathleen sebelius (seh-bee-lee-us) took responsibility for the botched launch of healthcare-dot-gov, the website where americans hoping to shop for health insurance, have found it crashed, instead.. sebelius then threw verizon under the bus. sebelius also blamed government subcontractors, though at least one of them, c-g-i federal, warned there hadn't been adaquate time to test the website. it's led the ceo of e- health to write a letter to president obama, offering to fix it for free. some say the website's registration process, changed a
Search Results 0 to 5 of about 6